IoT Based Asset Tracking and Monitoring Market Trends & Forecast (2022-2027)
The IoT-based asset tracking and monitoring market is estimated to reach USD 6.6 billion by 2027, growing at a CAGR of 11.3% from 2022 to 2027. The rising demand for condition monitoring with the emergence of 5G technology for automation and supply chain optimization using IoT tracking.
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